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Interstate and White Lodging Close Management Acquisition Deal

Interstate and White Lodging Close Management Acquisition Deal

ARLINGTON, Va.—Interstate Hotels & Resorts has closed a deal—first announced in December 2017—to acquire the management agreements for 82 premium-branded, select- and full-service hotels, plus one restaurant, from White Lodging. The deal is effective January 24, 2018. “A transaction of ...

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AHLA Pledges to Partner with U.S. Mayors on Economic Development

AHLA Pledges to Partner with U.S. Mayors on Economic Development

WASHINGTON, D.C.—American Hotel & Lodging Association (AHLA) president and CEO Katherine Lugar today pledged to partner with U.S. mayors to strengthen communities, build a modern, dynamic workforce, and give travelers world-class experiences in their cities. Speaking at the U.S. Conference ...

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U.S. Millennial Travelers Prefer Hotels Over Homesharing

U.S. Millennial Travelers Prefer Hotels Over Homesharing

NEW YORK—According to a new report on the future of U.S. Millennial travel, U.S. travelers between the ages 20 and 36 prefer full-service hotels to a homesharing or owner-direct rental service like AirBnb. Resonance Consultancy—a real estate, tourism, and economic ...

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